ArchLink: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ArchLink
Largest movements
- Tangible fixed assets +€165,925
up €165,925 (+32.8%), from €505,869 to €671,794
of which Land and buildings: +€165,912
- Receivables within one year -€11,150
down €11,150 (-45.1%), from €24,736 to €13,585
- Cash -€10,449
down €10,449 (-6.0%), from €173,096 to €162,646
mainly Investment in fixed assets (net) (-€189,416) and Other debts (-€4,083)
- Profit (loss) carried forward +€63,700
up €63,700 (+133%), from €48,052 to €111,753
- Debts after one year +€38,951
up €38,951 (+11.5%), from €340,080 to €379,031
of which Financial debts: +€30,951
- Trade debts +€31,421
up €31,421 (+42.6%), from €73,796 to €105,217
- Current portion of long-term debt +€15,490
new in 2024: €15,490
- Taxes +€39,270
up €39,270 (+165%), from €23,796 to €63,066
- Gross operating margin +€29,527
up €29,527 (+20.8%), from €142,227 to €171,754
- Financial charges +€9,796
up €9,796 (+99.2%), from €9,877 to €19,673
- Staff costs -€7,322
down €7,322 (-97.5%), from €7,508 to €185
- Depreciation +€5,881
up €5,881 (+33.4%), from €17,610 to €23,491
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €774,971 | €919,048 | +€144,076 | +18.6% |
| Fixed assets | 21/28 | €505,869 | €671,794 | +€165,925 | +32.8% |
| Tangible fixed assets | 22/27 | €505,869 | €671,794 | +€165,925 | +32.8% |
| Land and buildings | 22 | €486,542 | €652,453 | +€165,912 | +34.1% |
| Plant, machinery and equipment | 23 | €16,208 | €12,644 | -€3,564 | -22.0% |
| Furniture and vehicles | 24 | €3,119 | €6,696 | +€3,577 | +115% |
| Current assets | 29/58 | €269,103 | €247,254 | -€21,848 | -8.1% |
| Amounts receivable within one year | 40/41 | €24,736 | €13,585 | -€11,150 | -45.1% |
| Trade receivables | 40 | €24,736 | €13,585 | -€11,150 | -45.1% |
| Current investments | 50/53 | €67,997 | €67,997 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €173,096 | €162,646 | -€10,449 | -6.0% |
| Deferred charges and accrued income | 490/1 | €3,274 | €3,026 | -€249 | -7.6% |
| Total equity and liabilities | 10/49 | €774,971 | €919,048 | +€144,076 | +18.6% |
| Equity | 10/15 | €344,052 | €407,753 | +€63,700 | +18.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €295,000 | €295,000 | = | 0.0% |
| Distributable reserves | 133 | €295,000 | €295,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,052 | €111,753 | +€63,700 | +133% |
| Amounts payable | 17/49 | €430,919 | €511,295 | +€80,376 | +18.7% |
| Amounts payable after more than one year | 17 | €340,080 | €379,031 | +€38,951 | +11.5% |
| Financial debts | 170/4 | €340,080 | €371,031 | +€30,951 | +9.1% |
| Other amounts payable | 178/9 | - | €8,000 | +€8,000 | |
| Amounts payable within one year | 42/48 | €90,839 | €132,264 | +€41,425 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,490 | +€15,490 | |
| Trade debts | 44 | €73,796 | €105,217 | +€31,421 | +42.6% |
| Suppliers | 440/4 | €73,796 | €105,217 | +€31,421 | +42.6% |
| Taxes, remuneration and social security | 45 | €5,217 | €3,814 | -€1,403 | -26.9% |
| Taxes | 450/3 | €5,217 | €3,814 | -€1,403 | -26.9% |
| Other amounts payable | 47/48 | €11,827 | €7,744 | -€4,083 | -34.5% |
| Remuneration, social security and pensions | 62 | €7,508 | €185 | -€7,322 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,610 | €23,491 | +€5,881 | +33.4% |
| Other operating charges | 640/8 | €3,181 | €2,492 | -€688 | -21.6% |
| Gross operating margin | 9900 | €142,227 | €171,754 | +€29,527 | +20.8% |
| Operating profit (loss) | 9901 | €113,928 | €145,585 | +€31,657 | +27.8% |
| Financial income | 75/76B | €2,345 | €854 | -€1,491 | -63.6% |
| Recurring financial income | 75 | €2,345 | €854 | -€1,491 | -63.6% |
| Financial charges | 65/66B | €9,877 | €19,673 | +€9,796 | +99.2% |
| Recurring financial charges | 65 | €9,877 | €19,673 | +€9,796 | +99.2% |
| Profit (loss) for the period before taxes | 9903 | €106,396 | €126,766 | +€20,370 | +19.1% |
| Income taxes | 67/77 | €23,796 | €63,066 | +€39,270 | +165% |
| Profit (loss) for the period | 9904 | €82,600 | €63,700 | -€18,900 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,600 | €63,700 | -€18,900 | -22.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.